What Can We Learn From Finance Leaders in Software?
Written by: Vikash Dass As startups grow and scale, the responsibilities of the CFO and the finance team becomes far more complex than any other arm of the organization. Many firms seek to hire a...
View ArticleWhat the New Generation of CPAs Actually Want – Anna Sun of Procurify
Written by: Dani Hao This interview is taken from an episode of the Spend Culture Stories podcast. In this episode, Anna Sun, the newest member of our very own Procurify finance team, shares why many...
View Article5 Strategies to Increase Purchasing Compliance in Software Companies
Written by: Vikash Dass For smaller businesses, it can be simple to track spending among a group of a half dozen of people. However, the larger an organization the more difficult it becomes to track...
View ArticleHow To Automate Processes for Finance Teams: We Heard From Two Corporate...
Written by: Procurify We got the chance to hear from two corporate controllers, on how they help their companies achieve their missions and how they address the challenges of financial operations. They...
View Article16 Step Сhecklist to Control Company Spending During Economic Crisis
Written by: Procurify Proactive spend control that is quick to implement and adjustable for remote teams can help to minimize a downturn’s negative impact on the business and its bottom line. In our...
View ArticleHow To Build a Remote Procurement Plan
Written by: Procurify How can procurement teams work remotely? The sudden transition to working from home for procurement departments can be challenging. During uncertainty, it’s important for teams to...
View ArticleThe Best Tools Every Finance Professional Needs
Written by: Vikash Dass Finance professionals are constantly on the front-lines of recalibrating the best processes for proactive spend in organizations. They’re shrinking the widening disparity...
View ArticleHow to Hire a CFO – A Guide For Every Organization
Written by: Vikash Dass Let’s face it: hiring a CFO in 2019 is not straight forward. Now more than ever, the hypergrowth and venture capital principals that have infiltrated mainstream corporate...
View ArticleWhat is the Difference Between P2P, R2R, and Q2C?
Written by: Vikash Dass Knowing the difference between procure-to-pay (P2P), record-to-report (R2R) and quote-to-cash (Q2C) is essential to your procurement process. Not only do these processes help...
View Article5 Steps for Implementing Your E-Procurement Strategy
Written by: Procurify Your e-procurement strategy includes the separate but connected processes of vendor selection, payment terms, contracts’ negotiations, and goods purchasing. When we think of the...
View ArticleHow to Introduce Automation Into Your Procurement Organization
Written by: Procurify Written by – Jaclyn Enchin The way procurement processes function now can leave room for a whole host of issues. Without online portals, rogue purchasing can occur because of lack...
View ArticleHow to Create an Effective Vendor Management Process
Written by: Dani Hao A key stakeholder in any successful business is the vendors they work with, which takes a lot of care and consideration to make sure that the company is maximizing the value they...
View ArticleHow Universities and Charter Schools Prepare for Audits
Written by: Jessica Chang Auditing is a process of reviewing an organization’s financial records to decide if they are accurate and align with regulations, state laws, and accounting standards. They...
View ArticleThe Cloud is the All New Hub for Procurement—Here’s Why
Written by: Procurify Staff By Amanda Peterson, Enlightened Digital The days of lost invoices and rogue receipts are finally behind us. New technologies have ushered in a new era of procurement, which...
View ArticleThe 4 Procurement KPI Metrics You Should Be Measuring Immediately
Written by: Dani Hao An Interview With Marisa Brown, Senior Principal Research Lead at APQC Meet Marisa Brown, the Senior Principal Research Lead for Supply Chain Management at APQC. Marisa has more...
View ArticleHow to Improve Your Purchase Order Cycle Time Right Now
Written by: Marisa Brown The progressive trajectory of procurement practices in the last few years have been something to marvel at. The back office spend centres of yesterday have blossomed into a...
View ArticleInside the Box Thinking, an Innovation Technique
Written by: Ibrahim El Chami Growing up, I would play with legos. A lot. I would tend to make my own creations, rather than following instructions. Being 10, I still had a mild source of creativity in...
View ArticleChange Management – How to Successfully Implement a Cloud System
Written by: Priscilla Ng Dear Mr. Purchasing Manager, You’ve spent three whole quarters qualifying dozens of cloud-based procurement systems and you’ve finally found The One. Congratulations! Well, now...
View ArticleWhat is a Purchase Requisition and Why It Is Important for Your Business
Written by: Dani Hao We have written many articles on purchase orders, but one key term that causes confusion and mixup is purchase requisitions. This article will highlight the differences between...
View ArticleWhat is Three Way Matching and Why is it Important for Your Accounts Payable...
Written by: Brittany Whitmore One of the best ways for personnel in accounts payable to verify a payment is with a three-way matching (3-way matching) system. Three-way refers matching a vendor invoice...
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